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Update: Scotts Miracle-Gro Shares Jump as Fiscal Q3 Adjusted Earnings Beat Expectations
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Update: Scotts Miracle-Gro Shares Jump as Fiscal Q3 Adjusted Earnings Beat Expectations
Jul 31, 2024 9:59 AM

12:39 PM EDT, 07/31/2024 (MT Newswires) -- Scotts Miracle-Gro ( SMG ) shares were up nearly 12% in recent Wednesday trading after the company's fiscal Q3 earnings beat expectations.

The company reported fiscal Q3 adjusted earnings of $2.31 per diluted share, up from $1.17 a year earlier.

Analysts polled by Capital IQ expected $1.94.

Revenue for the quarter ended June 29 was $1.20 billion, up from $1.12 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.20 billion.

Price: 78.45, Change: +8.21, Percent Change: +11.69

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